Archive for May, 2008

UAL, US Airways will not merge right now, CEOs say

Friday, May 30th, 2008

CHICAGO (Reuters) - UAL Corp's United Airlines and US Airways Group said on Friday they would not merge, a decision that experts said effectively kills the chances of further U.S. airline consolidation this year.

Record May euro zone inflation

Friday, May 30th, 2008

May 30 - Price growth in the 15 countries using the euro sped up slightly faster than expecting, diminishing the possibility of a rate cut.

China ‘discouraging France trips’

Friday, May 30th, 2008

Beijing's official tourism body is urging tour operators to stop selling holidays to France, Paris claims.

Trucking using less fuel

Friday, May 30th, 2008

May 30 - Mercedes Benz put their new trucks through their paces in an attempt to reduce fuel consumption and exhaust emissions.

Wall St. jittery as oil rebounds

Friday, May 30th, 2008

May 30 - U.S. investors seemed captivated by oil as stock prices moved up and down to mimic the choppy trading seen in the oil pits.

Spain’s fishermen protest fuel costs

Friday, May 30th, 2008

May 30 - Spain's seamen threaten to stay onshore unless the government helps with rising fuel prices.

Record May euro zone inflation

Friday, May 30th, 2008

May 30 - Price growth in the 15 countries using the euro speeded up slightly faster than expecting, diminishing the possibility of a rate cut.

Silverjet calls in administrators

Friday, May 30th, 2008

Business airline Silverjet calls in administrators after financial problems forced it to suspend all of its flights.

Fuel rates rise for company cars

Friday, May 30th, 2008

Staff who drive company cars for business use can now reclaim higher fuel costs from their employers.

Honda’s live skydive advert

Friday, May 30th, 2008

May 30 - Honda has teamed up with UK television's Channel 4 to stage a live advert involving an ambitious skydiving attempt.